Dollar Slips and Yen Strengthens Amid Economic Indicators
Tuesday, 27 February 2024, 12:24
Decisive Economic Indicators
The dollar weakened against the yen as data from Japan surpassed forecasts, while U.S. durable goods orders exhibited a notable decline.
Implications for Monetary Policies- The Bank of Japan's potential move away from negative interest rates is on the horizon.
- The yen strengthened against the dollar.
- Durable goods orders in the U.S. declined by 6.1%.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.